According to Eurostat data, the lowest paid workers have seen the value of their wages fall by 5% this year. An earlier study had already established that minimum wage earners had seen a 3% drop in their incomes between January 2021 and January 2022. The latest study indicates that the situation has worsened in the second quarter of 2022. In this period the statutory minimum wage has risen by 0.9% but the rate of inflation was 6.1%, resulting in a 5% drop in real value.
Read on: in English.
For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.